Watch Out for Child Identity Theft

child identity theftWith tax season underway, many of us are concerned about tax ID theft. With major data breaches in the last year, including Scottrade, Anthem, T-Mobile, and even the IRS, the concern about identity (ID) theft is big. From January 25 – 29, 2016, the FTC is hosting a Tax Identity Theft Awareness Week that aims […]

January 25th, 2016|Blog Post Categories, Tax Tips|Comments Off on Watch Out for Child Identity Theft

Winning the Powerball Jackpot: What You Need to Know About Taxes

power ball and tax implicationsWhen the Powerball prize pot reaches epic proportions (currently, it’s sitting at $1.5 billion), we all start to dream big. Whether you go to the convenience store and buy a ticket, or whether you shake your head at those who do, the reality is that you’ve probably thought about what you’d do if […]

3 Things to Think About When Paying Taxes by Credit Card

considerations when paying taxes with a credit cardWhen it comes to paying your taxes, the IRS is versatile. The agency is happy to accept most forms of payment, from check to automatic withdrawal to credit card. You can even set up an installment plan to pay the IRS if you aren’t sure that you can afford to […]

4 Major Life Changes that Impact Your Taxes

4 major life changes and taxesAs you prepare for tax season, you need to understand how major life changes can impact the way you file for taxes and impact your tax bill. Here are some things to think about as you review your year and the changes to your life.

Addition of a Child

When you have […]

5 Ways Personal Information Might be Stolen for Tax ID Theft

five ways scammers steal tax refundsOne of the growing issues facing many taxpayers is that of tax refund fraud. There is a chance that someone will take your personal information and claim a refund in your name — before you can submit your own tax return.

While one of the big ways for fraudsters to […]